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Published

Cape Verde sees significant drop in poverty rate over eight years

Summary by Xinhua-news.com
PRAIA, Oct. 18 (Xinhua) — Cape Verde’s absolute poverty rate has decreased over the past eight years, falling from 35.5 percent in 2015 to 24.75 percent in 2023, the country’s National Institute of Statistics (INE) said Thursday. Absolute poverty is measured by assessing whether a household’s income falls below a defined threshold, preventing its members from meeting basic needs such as clean drinking water, food, housing, healthcare and educati…
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